Tech Company Financing Transactions
Beamr Funding Round
On 4/9/2014, Beamr secured $9.5 million in funding from Innovation Endeavors and Marker.
Transaction Overview
Company Name
Announced On
4/9/2014
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Undisclosed
Investors
Innovation Endeavors (Lead Investor) (Eric Schmidt)
Marker (Lead Investor) (Rick Scanlon)
Proceeds Purpose
The company plans to use the new funding to accelerate development of its Ultra-HD and HEVC optimization technologies that will allow streaming of Ultra-HD (4K) content to broadband-connected customers.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
974 Commercial St. 200
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Website
Email Address
Overview
Beamr cuts the size of your media files by up to 50%, for a better user experience and lower delivery costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sharon Carmel
Chief Technical Officer
Dror Gill
President
Eliezer Lubitch
VP - Marketing
Mark Donnigan
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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